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Introduction to Defined Benefit pensions: running a DB scheme


Who should attend

Newly appointed trustees, experienced trustees in need of an update, HR and finance professionals with pensions responsibilities, pension managers, company directors will benefit from this introduction to Defined Benefit pensions training course.


Pension scheme trustees are required to have a knowledge and understanding of: the law relating to pensions and trusts, the principles relating to scheme funding and investment.

Trustees are also required to have a working knowledge of their scheme’s governing documents. DC trustees must now report every year on what they have done to meet these requirements.

HR and finance specialists, pensions managers and company directors also need to know about the complex legal framework within which their company’s pension scheme operates. Be it scheme funding and investment, governance matters, making changes to a scheme, auto-enrolment or how individuals can access their pension, it is vital that you are aware of your responsibilities.


Nature of trusteeship

  • what are trusts?
  • the role and responsibilities of trustees
  • trustee liability and protection

Running a DB scheme

  • governance requirements for DB schemes
  • running a trustee meeting
  • decision-making and exercising discretions
  • managing conflicts of interest
  • the role of the trustees and the employer

DB funding and investment

  • the statutory funding regime
  • understanding your scheme’s actuarial valuation
  • trustees’ investment duties
  • fundamentals of investing for DB schemes

The regulatory framework for DB schemes

  • the role of the Pensions Regulator
  • the auto-enrolment obligations
  • the pensions tax regime
  • resolving disputes

Using case-studies we consider common issues associated with running a DB scheme (including exercising trustee discretions and scheme funding negotiations). A guest speaker from the actuarial profession will cover the actuarial and investment aspects of the course.

Download the Introduction to defined benefit pensions - running a DB scheme training course programme

Cost: £499

All prices are exclusive of VAT

Group discount:

10% discount for delegate 2 and subsequent delegates.

Online payment discount: 5%

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